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German front-year power gains on rising gas, CO2 prices

03 Feb 2023 12:54

03 Feb 2023 12:54

(Montel) Germany’s benchmark power contract for delivery next year rose more than EUR 5 on Friday, tracking higher prices in the gas and carbon markets and reacting to a technical correction from Thursday’s losses.

The Cal 24 last traded EUR 5.30 higher at EUR 180.30/MWh on the EEX...…

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